Slide by Blue Chips, Tech Stocks Isn’t Bad Omen

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... in mm mm mm mm mm ... good Monday morning welcome ... to MoneyBeat I am Paul vignette ... stock market was ... outed last week that the that do that but the wee one on the ... all the major indexes were in the red and the Nasdaq up as it took a particular beating ... but this morning's stock to rebound the Insee Rainier ... Gallup seventy six point was up more than a hundred little while ago ... Nasdaq up seventeen points less than half a percent and the Essen P ... just about half a percent of nine point eight p twenty five what is going on is all still live in the stock market ... Jim Browning is here to talk about a joins us from ... sunny Florida Jim how are you ... a doodle I'm pretty good so ... you one thing is that you talk to a lot of folks in the market is you always do ... people are still hopeful ... yes ... people may be saying that the stock market today does not look the way in the stock market and economy normally would look ... for a bear market ... that doesn't mean ... they happen ... but what it means is that it would have to overcome their ... obstacles for us to do there ... yet ... two things going on you really ... want is the fact that ... you look at down the Essen P this or that the broader the bigger indexes ... they're still very close to their all-time highs right ... yes we mean by ten points right ... yet ... but then you use of a focus for the little bit you look at the Nasdaq you look at some of the DeSoto the high flying stocks the momentum stocks ... Bilsland really got that are hard the last week last couple weeks really ... is that a warning sign Jim is at a red flags that something that I should be unduly concerned about ... he should be duly concerned about it really okay ... it's not a good thing it is INXS and then after a five-year bull market you would expect a season excesses ... but they say that people are saying is that before a bear market ... typically a certain things happen in you ... and you've got an overheating economy with inflation ... over the stock market and the Federal Reserve to stepping into ... tight monetary policy in cool things off ... and ... brought with him to excesses and stock market broadly speaking you don't have a better bet in by ... the ... feds want more inflation ... it was strong though it's trying to stimulate the economy and and gradually ... reduce the level stimulus but it still with the expansion ... and typically you know they're marketed ... that it would be of no exception ... to ... see a lot ... of the weekend seeing a lot of references to two thousand two thousandseven ... valuations are reasons people saying oh it's it's not like that it's not like two thousand and two thousandseven ... going ... on ... it's not like that there are things going on now that are very different from the flu fundamental pictures back then so this how good is the comparison to that should I just got a recipe because it's not two thousand ... it ... the rest easy and stock market and ... the final four in the stock market is that um ... it's never predictable what's going to happen but what ... the analysts are saying is that for going to have a bear market now it's not going to be close but if it is stepping in to cool the economy which is normally where there are some about it ... because it was something different ... after the close but sometimes it's up ... some ... of the session or or isn't a big uptick in inflation also be internationally that it's going to happen because by ... the financial crisis and so if you see something like that evening ... that's the call but if you're looking for classic was a bear market ... Jim Browning from sunny Florida thank you very much ... you bet ... tomorrow is April fifteen and from from Kraft is ... like Christmas day because there's no bigger deadline to flirt with ... the one imposed by the high R S action to halt a taxi to MarketWatch's genome art space here that it's even ... at this late date at at Chanel if tomorrow is the site by movie ... we had to call attacks NATO ... I ... I only get a credit on it's a good time to hear a Angelus is five years on U S Senate would have one review in one window was due to not file your taxes by now if you are from crafty even now what can you do ... the smartest thing at this point it's it's probably taken more time and that good news is that most people can automatically cap a six-month extension ... and you you have to spell out this form forty eight sixty eighth ... Annual rather than raise ... the alarm forty eight sixty eight ... and ... you don't even have to give a reason its bearish before you get the correct information and in you is this a mean you need more time ... and you get until October fifteen hopes to file your tax return that sounds very magical ... this ... yes ... the texture that more yet there and they came to me that is that that says more time for the people worry we'll still have to pay taxes but tomorrow so I don't understand that if you pay your taxes in the how ... and why not just do the paperwork and find out what what ... I don't know your estimating right ... the right thing you don't have to get rid of a very good faith estimate that some day if it means ... for ... any new to me that in effect smile ... on you have a good you bring up something really important what about if you don't know something until ... you have to take the information be you to have on hand and ... how you need it ... it's not can it be yes simple as looking at last year's return because a lot of things have changed ... and so you just landed safely you have to get it when I get to an estimated ... speculation ... and if that amount of ... that at the same time you know if you live in the morning of the last at least you minimizing what you would on penalty and interest charges that will continue to pile up leases in what is ... what your record leaks for five with the least e verify other time I've made in a March and ... Ecolab related ... to see the ten minute after a pretty simple returns via an and ten together if I was that I believe that about the people are getting refunds ... I'm not but certainly I'm a classic procrastinate ... and high taxes to set ... up eleven thirty pm April fifteen in the West Caldwell New Jersey awful as well as I was feeling on the taxes and doing didn't return and ... just ahead of deadline and witty waiting for you to adhere it to the ... other two hundred people dead and ... at the ... door open to live without coffee and doughnut no single party was ... absolutely insane yet on internal him ... I know it has set a deadline procrastinating right ... high grade I'm better now ... thanks to my wife ... I gelled they take her thank you all season for coming and will have the long run that I needed to do other things right exactly you're only gay in this way back in tomorrow I'll write about something that's not true is actually ... a few more tax he says he and ... it was seeing ... I will will talk Tuesday ... Google is looking for new office space in the big apple in Manhattan ... how much spends ... about half the Chrysler building that is a lot of space if you not familiar the queso billon ... Eliot Brown is here with the de tails ... so I know who will be the huge warehouse downtown already ... I how much will come home being the they expand a while so what they're there certainly seems to be in relatively early stages but the targets of landlords about something that would expand by roughly eighty percent from what they have currently ... and what sort of funny about this is they did they bought this gigantic building they were to be a free warehouse in the book on the Port Authority ... and the odd that is about the size of the Empire State building but because the last landlord had all sorts of long-term leases they can move to expand and often act quickly ... and so they've had to go out on the private market look for and that the building Allegiant show there ... was a bill in the thirty third Street that one of the buildings are looking at re going on there was a piece in their BBC they were all basketball court on the roof ... as ... you would you say when visiting the affiliate the midst of the building yesterday Big silky billing condoning they set up a lot of these tech companies really like these giant floor play the re The you can now run around on scooters and have stayed for King Kong but also Yellen each other faster Micra tricycle so that's one the looking at another one right near the St John's terminal ... which is another really large foreplay building in ... the West Village and you know I'm sure there's others that were trying to learn ... this is this because there ... is to the effect is is is that business is expanding so much from Shirdi to putting apps ... or just a day one expanded their operations in New York City so well and critical of Google's expanding right right but they also were really surprised at how strong demand by their employees was to be in New York ... ALM so there's been a lot more space on the Bay area but here I mean I think it's the second biggest in the world's only the second biggest of customers in the country that another big one in the UK ... up and I mean it just the idea but like the lifestyle of New York ... they want for true pal answer this you know a lot of really smart engineers to dont wanna live in San Francisco Silicon Valley and a lot of them wanna live in one of the pier now in terms of global size as an employer city ... where they now were with this that that ... that's a good question I don't know where they stack of anything other than they have roughly and think something around four thousand employees and on the banks ... can tens of thousands but what's been happening you know and we see this would really clearly in the real state market is all the big banks in the past five years have all been shaking ... his they love and still like it is right on the line even if the keeping the head kept saying ... they're getting smaller offices didn't make people more dense ... all the tech firms that that's that's what the drug maker of the office ... it was the tax hikes that new media that kind of thing with ... us a little bit like to think rarely get to meet its ... abuse ... I would ... think you're a much too soon ...